There are many luxury, new construction homes available in this community, making it a desirable location for a diverse range of people. The median price of a home in Cedar Park is about $369,000. Located just north of Austin, Cedar Park is a community that attracts new residents as well as tourists. People who are looking to get situated before the start of the school year can take their time to find the right home, but still feel confident in their purchase as trends are indicating that values will continue to rise in this region of Texas. The median listing price in these two communities is about $300,000, making it an affordable option for many buyers in the area.įor buyers, this presents a unique opportunity to invest in a growing market without facing the incredible competition that is currently taking place in the heart of Austin. According to an article published in the Community Impact Newspaper, the Central Texas Housing Market Report for April 2017 showed a 5.5 percent decrease in home sales in these communities, and the data revealed also highlighted the fact that home prices increased during this time. Real Estate Market Conditions in Cedar Park and Leanderĭifferent trends are taking place in Cedar Park and Leander, making them markets for buyers to consider as they look for the right home in Central Texas. In fact, the suburbs of Cedar Park and Leander are gaining notoriety as the up-and-coming communities in the Austin metropolitan region. For those who are looking for a great home in a growing market, it's often advantageous to look outside of the city limits. While this is an exciting time to be participating in the market, many home buyers in Austin are finding it daunting to be facing such steep competition for homes. As the summer heat intensifies in Austin, the real estate market is heating up as well.
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